In a staff audit practice alert issued on Monday, the US audit regulator reminded auditors that they should continue adhering to the board’s existing standards when considering an organization’s ability to operate as a going concern.
The IRS has announced the special per diem rates for substantiating certain business expenses taxpayers incur when traveling away from home in 2014 and 2015. The new per diem rates go into effect Oct. 1.
The menu for Sept. 19 features specials on John Boehner says fixing “the whole tax code” is a top GOP priority, Senate passes short-term extension of Internet Tax Freedom Act, the 20 most overrated things in accounting, and more.
The menu for Sept. 18 features specials on ex-DOJ tax head Kathryn Keneally has a new gig, Treasury Secretary Jack Lew says action on inversions coming “very, very soon,” dissecting the OECD’s recommendations, and more.
The menu for Sept. 17 features specials on OECD unveils recommendations to curb corporate tax avoidance, McGladrey to acquire Battelle Rippe Kingston, AICPA presses Congress for action on tax extenders, and more.
The menu for Sept. 16 features specials on AgFeed reaches $18 million settlement in accounting fraud case, SEC offers early revenue recognition relief, US ranked third worst in international tax competitiveness, and more.
The menu for Sept. 12 features specials on House majority wants to save cash method of accounting, Buffett called Hatch to gauge US inversion policy, M&T Bank unit reaches $18.5 million settlement in SEC accounting case, and more.
More than 1 million tax payments have been processed, and more than $1.7 billion have been received, so far in 2014 through IRS Direct Pay, a free online payment system that debuted earlier this year, the tax agency announced on Wednesday.
The menu for Sept. 11 features specials on Munger defends Buffett on Burger King deal, PwC and Crowe Horwath face lawsuit over Colonial Bank collapse, US Chamber gauges voter sentiment on tax code, and more.
A new Wall Street Journal/NBC poll found that 59 percent of registered voters think Congress should enact legislation that would “penalize and discourage” US companies from shifting their headquarters overseas to cut their US tax bill.
Public Company Accounting Oversight Board inspectors are finding “significant audit deficiencies” in the area of revenue, the US audit watchdog stated in a staff audit practice alert issued on Tuesday.
The 2014 proxy season saw significant growth in audit committee transparency, continuing a recent trend of Fortune 100 companies going beyond the minimum disclosures required, according to a new Ernst & Young report released on Monday.
The menu for Sept. 9 features specials on number of jurisdictions that don’t use IFRS now at 7, IRS sued again over tax preparer regulation, House passes bill to crack down on tax return ID theft, and more.
Developing a challenge culture for risk management is the next logical evolution for finance leaders as they seek to reduce risk in their organization, so says the Association of Chartered Certified Accountants and the Institute of Management Accountants in a new report.
The menu for Sept. 8 features specials on Audit Analytics examines large US public company auditor market share, Sen. Charles Schumer’s plan to curb inversions, Sen. Carl Levin blasts TIGTA over Tea Party report, and more.
Accounting and finance professionals with a CMA credential reported an average annual salary of $115,952 in 2013, up from $115,290 reported in 2012, according to a survey released on Thursday by the Institute of Management Accountants.